EA CFO: 'Our History with Acquisitions has Been Spotty at Best'

18th November, 0 replies

Electronic Arts CFO Blake Jorgensen has told an audience at the UBS Global Technology Conference that the company's line of acquisition over the years has been "spotty at best".

"[We're also] always looking at potential acquisitions. Our history obviously with acquisitions has been spotty at best, so I would say there is an extra level of caution around that," Jorgensen said. "We also believe we have the ability to do it ourselves in many cases, or hire people to do it. So we're careful about acquisitions. But we're going to continue to look for those opportunities and having a strong base globally allows us to be able to do that."

Kotaku has produced a surprisingly lengthy list of studios that EA has purchased and closed over the years:

Maxis (SimCity) - Purchased by EA in 1997; shut down in 2015.
Mythic (Dark Age of Camelot) - Purchased by EA in 2006; shut down in 2014.
Bullfrog (Syndicate, Dungeon Keeper) - Purchased by EA in 1995; shut down in 2001.
Origin (Ultima, Wing Commander) - Purchased by EA in 1992; shut down in 2004.
Westwood (Command & Conquer) - Purchased by EA in 1998; shut down in 2003.
DreamWorks Interactive/Danger Close/EA Los Angeles (Medal of Honor) - Purchased by EA in 2000; shut down in 2013.
Phenomic (SpellForce, BattleForge) - Purchased by EA in 2006; shut down in 2013.
Black Box Games (Need for Speed, Skate) - Purchased by EA in 2002; shut down in 2013.
Pandemic (The Saboteur) - Purchased by EA in 2008; shut down in 2009.
PlayFish (The Sims Social) - Purchased by EA in 2009; shut down in 2013.
NuFX (NBA Street) - Purchased by EA in 2004; shut down in 2007.

Source:

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